Business Environment: Governance and PESTLE Analysis of John Wood PLC

Business environment

Contents
INTRODUCTION ..........................................................................................................................3
TASK 1...........................................................................................................................................3
Governance and structure of John Wood PLC............................................................................3
TASK 2............................................................................................................................................6
Importance of conducting PESTLE analysis...............................................................................6
TASK 3............................................................................................................................................7
PESTLE analysis of John Wood PLC to understand external environment and its impact........7
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
The business environment is a combination of various internal and external surrounding
of a business to perform different operations. In the era of stiff competition between different
companies it is essential to analyse business environment to gain competitive advantage in long
and short run (Carey and Tanewski, 2016). This report includes business functioning and
structure of John Wood PLC to understand concept of business environment in a precise manner.
This report covers the significance of business environment for a company and its employees. In
this project a PESTLE analysis is conducted to understand impact of external environment on a
business entity. John Wood PLC was established in 1982 and is considered as major
multinational company in international market. The headquarters of company are based in
Scotland from where it provides services to different companies.
TASK 1
Governance and structure of John Wood PLC
The John Wood PLC company is a major company which provides consultancy and
engineering services to different national and multinational companies. Current CEO of the
company is Robin Watson who is dedicated to provide essential services to different companies
with utmost dedication. Company is dedicated to achieve corporate governance in an ethical
manner and is also dedicated to provide services with full responsibility. The management of
company is dedicated to provide high standard services to different companies. Governance of
company is well known in different parts of Scotland to provide global standard services. John
Wood PLC is also dedicated to provide essential services with best quality on reasonable rates.
John Wood PLC also takes essential care of its stakeholders and believe in increasing satisfaction
of every customer with major priority (Chassé and Courrent, 2018). The company mainly
believes in discovering innovative ways of providing essential services to different firms.
Company has also hired professional human resource management in order to maintain effective
culture in the organisation and also to develop ethical and integrity related values.
Detailed structure and departments of John Wood PLC is mentioned below:
John Wood PLC follow functional organisational structure which means that company
has divide roles and responsibilities to different workers on the basis of functions. The company
majorly believes in developing high standard services for client firms with utmost responsibility.

John Wood PLC believes in delivering effective and efficient services to different customers.
The detailed review of each department of John Wood PLC is mentioned below:
 Marketing department- The marketing department of company is dedicated to provide
optimum marketing solutions to customers. Marketing department majorly perform
different activities and tasks which are helpful in business sales increment. Company
mainly focus on development of different values which are related to development of
sales of its products and services. It is the major responsibility of marketing department
to develop organisational goals on the basis of sales turnover. John Wood PLC takes
assistance from trained and skilled workers in marketing department to formulate
different plans and policies (Ding, Qu and Wu, 2016) . The company majorly formulates
individual and team goals which are effective in achieving several marketing targets in a
short span of time. Marketing department of John Wood PLC also develops different
sales targets and achieves them with the help of different advertisements and publicity
measures.
Illustration 1: John Wood PLC headquarters, 2021